FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 02/28/2022 |
3. Issuer Name and Ticker or Trading Symbol
XPO Logistics, Inc. [ XPO ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock, par value $0.001 per share | 5,643 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Restricted Stock Unit | (1) | (1) | Common Stock, par value $0.001 per share | 3,742 | (2) | D | |
Restricted Stock Unit | (3) | (3) | Common Stock, par value $0.001 per share | 1,071 | (2) | D | |
Restricted Stock Unit | (4) | (4) | Common Stock, par value $0.001 per share | 8,237 | (2) | D | |
Restricted Stock Unit | (5) | (5) | Common Stock, par value $0.001 per share | 2,807 | (2) | D | |
Restricted Stock Unit | (6) | (6) | Common Stock, par value $0.001 per share | 4,383 | (2) | D |
Explanation of Responses: |
1. 50% of these Restricted Stock Units ("RSUs") vest on March 15, 2022 and 50% on March 15, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
2. Each RSU represents a contingent right to receive, upon settlement, either (i) one share of Common Stock or (ii) a cash payment equal to the fair market value of one share of Common Stock. |
3. These RSUs vest fully on January 15, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
4. 50% of these RSUs vest on December 8, 2022 and 50% on December 8, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
5. These RSUs vest in four equal annual installments on March 10, 2022, March 10, 2023, March 10, 2024 and March 10, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
6. 2,192 of these RSUs vest on November 14, 2023, 1,095 RSUs vest on November 14, 2024, and 1,096 RSUs vest on November 14, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
Remarks: |
See Exhbit 24, Power of Attorney, attached. |
/s/ Riina Tohvert, Attorney-in-Fact | 03/09/2022 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |